14th November, 2002
Ministry of Commerce & Industry  


ARUN SHOURIE CALLS FOR NEGOTIATIONS ON A BROAD FRONT TO FULLY TAKE ON BOARD THE INTERESTS OF DEVELOPING COUNTRIES– NEED TO RE-ESTABLISH CREDIBILITY OF WTO SYSTEM UNDERLINED

SYDNEY INFORMAL WTO MINISTERS MEET GETS UNDER WAY


Shri Arun Shourie, Minister for Disinvestment, Development of North Eastern Region and Commerce and Industry, who is heading the Indian delegation to the Informal WTO Trade Ministers Meeting at Sydney, has underlined the need to ensure that the process of ongoing multilateral negotiations is carried forward on a broad front so that the interests of developing countries like India are fully taken on board and the credibility of the multilateral trading system is re-established. Participating in informal interactions with the Trade Ministers and other bilaterals today, Shri Shourie said that "we must not move away from the core of the Doha Declaration which is essentially trade and development" and not issues which might be extraneous to this core such as labour, environment and the like. Discussions on a broad front were needed with a view to accommodating issues of concern to different countries at different stages of development, the Minister stressed. During the informal exchange of views, Shri Shourie also suggested the setting up of a monitoring mechanism to ensure that obligations taken by member countries do not act to their detriment in any manner.

Shri Shourie put forward the suggestion that in the area of technical assistance, the multilateral trading system should focus not only on capacity building to enable developing country members to participate effectively in negotiations but should also actively help them in overcoming barriers to trade. This would be in keeping with the Doha Ministerial Declaration which had put development at the centre of multilateral trade negotiations by underlining the important role that international trade could play in the promotion of economic development and alleviation of poverty.

During the informal exchange of views, Mr. Supachai Panitchpakdi gave the Trade Ministers an overview of the post Doha scenario and an assessment of the priorities and challenges on the road to the next Ministerial at Cancun. Ministers exchanged views on a broad range of issues relevant in the context of the ongoing post Doha negotiations – particularly TRIPS and Public Health and issues relating to Implementation and Special and Differential Treatment which are of significance to developing countries. Trade Ministers of about 25 countries are participating in the 2-day Informal Meeting including India, Brazil, Mexico, China, Japan, Kenya, US and the EU.